CA: San Francisco tech founder and wife arrested, accused of using “brazen” fraud to live luxuriously

Source: SFGate

“The founder of a San Francisco tech startup and his wife were arrested Thursday, when prosecutors unsealed a 25-count indictment that accuses the couple of bold financial fraud and an ill-gotten life of luxury. Prosecutors slammed founder Alex Beckman and lawyer Valerie Lau with a laundry list of charges around allegedly defrauding investors in Beckman’s artificial intelligence startup — formerly known as GameOn Technology, now as ON Platform — out of $60 million. The indictment alleges the couple faked bank records and impersonated business contacts in ‘a brazen and wide-ranging scheme’ that lasted from 2018 to 2024.” (01/27/25)

https://www.sfgate.com/tech/article/san-francisco-tech-founder-wife-arrested-20059563.php